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Environment & Energy

JT45242

(4,098 posts)

9. Was hopeful about this until I looked beyond the video to who is backing it ...Peter Thiel and other trump humping nazis

Reply to Pluvious (Original post)

Wed May 6, 2026, 03:30 PM

9 hrs ago

Per the Oregonian https://www.oregonlive.com/business/2026/05/portland-based-ocean-energy-startup-gets-140-million-investment-from-billionaire-backers.html

The funding round, which will support continued development of prototype devices and development of a pilot manufacturing facility in Vancouver, values the company at $1 billion. It was led by billionaire Peter Thiel and includes a number of other prominent investors such as John Doerr, Salesforce CEO Marc Benioff’s TIME Ventures, and Paypal co-founder Max Levchin’s SciFi Ventures.

And it goes from cheap energy for everyone to data centers for oligarchs.

'So depressing to think that this apartheid pushing dickhead is behind this.

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Highlight:

Brilliant idea for ocean based power generation on front page of the Financial Times yesterday [View all] Pluvious 11 hrs ago OP

We never run out of ideas to destroy ecosystems for... NNadir 11 hrs ago #1

You think this will destroy the ocean ecosystem somehow? ihaveaquestion 9 hrs ago #5

Gotta Admit... GB_RN 8 hrs ago #13

Know your trolls. WestMichRad 8 hrs ago #16

OK, that makes sense then. Sad that they have to trash other's ideas, but scientists aren't always nice people. nt ihaveaquestion 8 hrs ago #18

I want one of these for my bathtub,.... magicarpet 11 hrs ago #2

They could also put windmills and solar panels on it creating even more energy ChicagoTeamster 10 hrs ago #3

Awesome Auggie 10 hrs ago #4

Solar Maninacan 9 hrs ago #6

Lets say for the sake of argument that Prairie_Seagull 9 hrs ago #7

Really inspiring! Sogo 9 hrs ago #8

Was hopeful about this until I looked beyond the video to who is backing it ...Peter Thiel and other trump humping nazis JT45242 9 hrs ago #9

That is concerning... Hopefully the investment is only tied to making money and not ideological. nt ihaveaquestion 8 hrs ago #14

Hmm progressoid 7 hrs ago #20

Forgive me please, It may be I don't understand the process. Zackzzzz 9 hrs ago #10

I'm sure they would have thought of that. ihaveaquestion 8 hrs ago #15

Dang! I was really hoping to see moreland01 9 hrs ago #11

Ok what am I missing here, I went to their website and did a google search. I cannot find out how they mitch96 9 hrs ago #12

They didn't talk about that. Presumably it would be via underwater powerlines, but IDK. nt ihaveaquestion 8 hrs ago #17

The devil is in the details, eh? Great idea though...nt mitch96 6 hrs ago #21

Dat's a lot of environmental destruction too. hunter 4 hrs ago #24

The ocean is a tough environment BeneteauBum 8 hrs ago #19

Maybe I'm just a cynic, but flvegan 5 hrs ago #22

No numbers. hunter 4 hrs ago #23